TAMAN INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 715K and a median price per square foot (PSF) of RM 353.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 715K, with most transactions falling within a stable range of RM 510K to RM 920K, and a typical market range of RM 510K to RM 920K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
For price per square foot, the median is RM 353, with most transactions between RM 341 and RM 364. The usual range is RM 310.63 to RM 394.38, showing that most units are priced quite close to each other. With an IQR of RM 83.75 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
